Thursday, March 25, 2010

Government announces plan to modernize Moldova, gets 2.6 billion dollars from foreign donors and European institutions

The Moldovan Government recently announced a program entitled Rethink Moldova, which seeks to modernize the country by ensuring responsible governance, economic recovery and development, and investments in human capital.

During a meeting with European officials in Brussels today, Prime Minister Vlad Filat signed the modernization plan today and received 2.6 billion U.S. dollars from foreign donors and European institutions.

The money will go toward numerous infrastructure projects, good governance, and education.

This is the largest amount of money Chisinau has ever received from foreign donors and is a considerable outpouring of financial support that suggests the European Union is seeking to play a more proactive role in the country.

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